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SFO Tesco Charges Decision Soon

The Serious Fraud Office (SFO) will decide within weeks whether to bring more charges in relation to the Tesco accounting scandal.

SFO sources have indicated that any charging decisions will be made by the end of the month. These are likely to relate to three former Tesco executives – who have already been charged with fraud and false accounting – and the company itself.

The investigation could still result in a deferred prosecution agreement (DPA) being offered to Tesco. This would involve any prosecution being suspended on condition that the supermarket giant meets certain conditions in relation to any wrongdoing it has admitted.

In such circumstances, Tesco must hope that they have the most experienced, adept solicitors capable of emphasising any steps it has taken to identify the problems and put them right. Such representation is essential in SFO investigations.

SFO Tesco Charges Decision Soon

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